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California's Bay Area loses over 10,000 jobs in June, while Hound adds over 7,000 jobs in the same region.

 Dated: 07-19-2010

California's Bay Area loses over 10,000 jobs in June, while Hound adds over 7,000 jobs in the same region.

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July 19, 2010

Pasadena, CA  — California's Bay Area, the hub of Silicon Valley, has lost over 10,000 jobs in June. This was the biggest job losses for the nine-county region since September 2009. The data is from California's Employment Development Department.




Jeffrey Michael, director of the Stockton-based Business Forecasting Center has said that the reason for this is that the private sector is not hiring. The hardest hit county was the East Bay, which lost 3,800 jobs, primarily due to closing of the Fremont based NUMMI, a car plant that was jointly owned by General Motors and Toyota.

On the upside, Hound, a job search engine, reported that there were over 7,000 jobs in the two main Bay Area cities - San Jose and San Francisco. Hound CEO A. Harrison Barnes says. ''There are even jobs in the tech sector. Not just in San Jose and San Francisco, but in other big towns like Fremont, Sunnyvale, Santa Clara and Oakland.''

The major job openings in Bay Area this month were: information technology (3,055), engineering (2,838), sales (1,372), healthcare (1,100), and accounting (538).

Contact:
Roger Croft
Editorial Coordinator
Hound.com
rogerc@hound.com

About Hound:
Hound is the world leader in the monitoring and reporting of jobs on employer websites, through its active and growing research into all employers throughout the world. With over 300 employees working round the clock, Hound goes to employer websites, collects information about job openings, and reports everything it finds to its members. There are over 700,000 employer jobs listed currently on the site.

Hound has been named one of the Top 20 Best Job Sites by PC Magazine, the #1 Job website by Applicant.com and among the 10 Best Online Job Search Sites by geeksugar. Hound is a company owned by Career Mission, one of the world's largest conglomerates of job search-related companies.



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